In 1947, drawing on the lessons learnt from the global economic damage caused by trade protectionism and tariff wars prior to World War II, 23 countries, including the United States, initiated the ...

But if VERs are accepted within the letter of the GATT, they still seem a departure from its spirit, a fact the WTO came to recognize ... is not appreciably different than a tariff; they both ...

A significant portion of international trade law is codified in the General Agreement on Tariffs and Trade (GATT) and governed by the World Trade Organization (WTO). Since both the U.S. and India ...

The unilateral imposition of punitive tariffs by a WTO member is against its binding tariff obligations under the Schedules of Concessions of GATT 1994. According to their binding commitments ...